%22Neart Na Gaoithe%22 News

Serica in Morocco, Namibia drilling

Sep 17, 2013

Serica Energy has said a drilling campaign will start offshore Morocco in October.  Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively.  The well on the Foum Draa block (operated by Cairn Energy…

India contracts for Wood Group

Sep 10, 2013

Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…

Craig Group builds six new vessels

Sep 05, 2013

Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…

OE13: Mexico market briefing

Sep 05, 2013

UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…

Dockwise launches SHP jacket

Aug 13, 2013

Dockwise provides this video, filmed in November 2012, regarding the launch of the SHP jacket, now located at the SHWE field in the Bay of Begal, off Myanmar. The 22,000-ton jacket was launched at a water depth of 110m, using the HYSY229 installation barge.

Faroe Petroleum pays $22.5M for North Sea acquisitions

Aug 13, 2013

Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…

Third US LNG terminal approved for exports

Aug 07, 2013

The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…

Teekay Offshore Partners L.P. to acquire interest in Cidade de Itajai FPSO

Jul 18, 2013

Teekay Offshore Partners L.P. has agreed to acquire a 50% interest in the Cidade de Itajai FPSO from Teekay Corporation (Teekay) for about US $204 million. The Cidade de Itajai FPSO is operating on the Baúna and Piracaba fields in the Santos basin off Brazil under a nine-year…

BP wins stake in Brazil

Jul 15, 2013

BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…

Seadrill orders four more UDW drillships

Jul 15, 2013

Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…

NOF Energy marks its 25th year

Jul 09, 2013

NOF Energy, the business support organisation for oil, gas, nuclear and offshore renewables, has celebrated its 25th anniversary with a special Silver Jubilee Celebration Dinner at the Gateshead Hilton. The dinner celebrated the growth of the business development organisation…

Gazprom, JFG sign Vladivostok MOU

Jun 25, 2013

Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…

Åsgard first comes a step closer

Jun 18, 2013

A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard.  Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…

Teekay providing Gina Krog FSO

May 30, 2013

Teekay Offshore Partners is to provide a floating storage and offloading tanker to Statoil for use on the Gina Krog field in the Norwegian sector of the North Sea. The vessel will be a new unit, to be converted from the 1995-built shuttle tanker…

KrisEnergy spuds Indonesia prospect

Jun 03, 2013

KrisEnergy has spudded the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia, its partner Salamander Energy (23.4%) announced on 3 June 2013. The Tayum well is being drilled using the Randolph Yost jackup…

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